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Estate Planning for Your Property

If you own property in a different state you will want to carefully consider how to handle this property once it becomes a part of your estate. Out-of-state property requires special considerations, so when you are putting together your estate plan, you'll want to keep a few important factors in mind.

Temper Expectations if You are Left an Inheritance

Let's say you're in your 40s and your parents are in declining health. Over the past few months, they are spending more time in the hospital and the diagnoses continue to get bleaker. You know that, at some point in the near future, you will have to say goodbye.

Heiress’s 9-Figure Estate Finally Split After Debate Over 2 Wills

Imagine if one of your relatives had a $300 million estate, and that relative recently passed away. When you learn of what assets will be passed on to you, a rumor emerges that your deceased relative may have had multiple wills, and that one of the wills was conceived under somewhat nefarious circumstances. It's possible that some people, who may not have had any real personal connection or right to your deceased relative's estate, found a way into the will by manipulating your relative as he or she declined.

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